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the latest developments tonight on news4 at 5:00. >>> unprecedented penalty, bp has agreed to pay a record u.s. fine for the massive oil spill down in the gulf of mexico in a settlement with the justice department. they'll pay $4.5 billion and plead guilty to 14 criminal charges. the government also charged two top bp officers with manslaughter in connection with the 11 people who died onboard the deep water horizon two years ago. jay gray explains why bp could still face more charges. >> reporter: the oil spread for miles after the collapse of the deepwater horizon well, choking away wildlife and crippling communities all along the gulf coast. and today, more than two years after the disaster, we learn the punishment is far-reaching as well. >> this marks both the largest single criminal find, more than $1.25 billion, and the largest total criminal resolution, $4 billion, in the history of the united states. >> reporter: as part of an agreement announced this afternoon in new orleans, bp will plead guilty to 14 felony charges for its role in the worst oil spill in u.s. history. among the most
, including former congressman gabrielle giffords. >> keith russell joins us live from the newsroom for the emotionalinute when they came face to face today. >> chances are we'll never know where he killed the victims. it's a chance for them to close the door on the ugly chapter. loughnau seven life terms, one for each of the six people he killed. outside that safeway in tucson, arizona. one for the attempted assassination of former congresswoman gabrielle giffords. giffords was among the victims who had a chance to see loughner face to face. he did not speak in court today. she didn't speak. but her husband, mark kelly, did. telling loughner, you tried to create for all of us a world as dark and evil as your own. but know this, and remember it always, you failed. arizona congressman ron barber, who won giffords' seat in congress after that shooting, also had a message for loughner at a press conference just moments ago. >> i hope that these long years of incarceration that you face will give you the time to think about what you have done. and to seek forgiveness from those whose to
elected us to focus on your jobs. not ours. >> reporter: the president and house speaker john boehner each are drawing a line in the sand over letting the bush era tax cuts expire for americans making more than $250,000 a year. >> instead of raising tax rates on the american people, accepting the damage it will do to our economy, let's start to actually solve the problem. >> reporter: the speaker wants a tax overhaul that raises money by cutti't hammer out a deal by year's end, the nation goes over the so-called fiscal cliff. taxes go up for everyone. an average of almost $3,500 per househo household. republicans say they want the president to address the real problem. >> and the real problem is uncontrolled entitlement spending, and a government that has grown massively. >> reporter: democrats say republicans are going to have to compromise. just like the president and his party did after getting walloped in the 2010 elections. >> we cut $900 billion in spending that we didn't like, painful to us. >> reporter: in washington, a high stakes search for middle ground. the president and the sp
Search Results 0 to 2 of about 3